The Foreign Investment Promotion Board (FIPB) has cleared four FDI proposals worth Rs 384 crore including that of pharma firm Lupin.
"Based on the recommendations of FIPB in its meeting
At least six insurance companies have evinced interest in raising the stake of their foreign partners from present 26 per cent to 49 per cent, Insurance Regulatory and Development Authority(IRDAI)
Traders body CAIT has said it will strongly oppose FDI in e-commerce amid a report suggesting the government to review its position and allow foreign investment into B2C e-retail segment.
The government today expressed satisfaction at two global reports on spurt in FDI and improvement in global competitiveness index, saying that it reflects the success of India's policy initiatives.
The government is considering a proposal to raise FDI limits to 100 per cent in broadcasting carriage and content services, including DTH and cable networks.
The current policy of 49 per cent FDI limit is not enough for transfer of high-tech defense technologies involving intellectual property rights, a top Pentagon official has said as India
The FIPB today cleared 14 foreign investment proposals including that of Shyam Sistema Teleservices and IIFL Holdings.
The Cabinet today permitted 100 per cent foreign direct investment (FDI) under the automatic route for white label ATM operations, a move that is aimed at promoting financial inclusion.
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William D. Green
Chairman & CEO, Accenture